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We have been advised to waive contingencies when we make an offer here in Seattle. Is this the norm in this market?
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Dear all,I’m trying to make a model workout to maximize the quantity and the speed at which I can acquire rental properties in Texas. A typical deal would be structured the following way:- Purchase Price: 90k$- Rehab:...
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So I have been running my cash flow in Houston area for both SFH and multi's. I am pretty comfortable calculating the monthly cash flow, Cash ROI/CoC, cap rate and etc. I am seeing some good cash flow and some bad one...
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I just finished listening to the Jeff Greenberg Podcast on Multi Family and wanted to comment on that podcast.First and foremost I'd like to say that I thoroughly enjoy the BP podcasts. I also enjoyed Jeff Greenberg's...
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I had a owner contract me about doing a BPO, long story short I may buy his house, but it is very complicated.
He has a 1st loan with Citibank with $46,000 owing and $440 payments including taxes and insurance. He...
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Hopefully this is the right thread for this question and thank you in advance.TL;DR - own a few rentals, DSCR is 1.05, could take out a bigger loan against a property to get more cash for next purchase, DSCR would go ...
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I'm a first time investor, and I'm looking at a fourplex with the following numbers:- Purchase Price - $175,000 (includes $15,000 in cash back referenced below) - Monthly Rent - $2,125- Monthly Cash Flow - $1,158- Cas...
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Separating from the military in about 2 months, after 14 years. Staying here in Jax, FL because I love it. I have been reading and watching about everything and under stand there is no “right way” to do it, but i just...
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Were any of you investing in STRs back in '07/'08/'09? I'm trying to understand how much (%) revenues drop in a down market so that I can factor this into my underwriting. Seems like most of us on here are relatively ...
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Hey all, So I would like some quick feedback/review of a deal I have worked out, just to confirm it's a good buy and that I am not missing anything. The property is in way upstate NY, a three unit fully rented, two 2...